A proposal that could permanently change the face of the Cape Town Civic Centre is open for public comment, but residents and interested parties have until Monday 27 July to respond to the City’s plan to sell part of its Civic Centre parking lot for mixed-use redevelopment, including affordable housing.
The site is currently used as an open-air staff parking facility, but has been identified as having much greater potential for mixed-use development, including residential, commercial, retail and public space upgrades.
The City plans to release this well-located land to unlock greater economic and social value for residents, businesses and the broader Cape Town economy.
Unlocking development opportunity
The Woodstock Parking site is strategically located within the Foreshore precinct, next to the Civic Centre complex and close to major transport infrastructure, including the Cape Town railway station, MyCiTi services, minibus taxi ranks and long-distance bus terminals.
Given its location, the site is well positioned for a high-density, transit-oriented mixed-use development that could include residential, commercial, retail and public realm upgrades.
Shift towards public value
The project was endorsed by the City’s Consolidated Land Pipeline Plenary on 5 November last year as a high-impact property transaction to be implemented by the Property Development Department in collaboration with the Human Settlements and Facilities Management departments.
The proposed redevelopment is also aligned with the City’s broader asset optimisation approach, which seeks to ensure that underutilised, high-value municipal land delivers maximum long-term benefit through economic growth, urban efficiency, revenue generation and improved service delivery outcomes.
Supporting economic growth
The redevelopment is expected to deliver long-term benefits, including:
- The development is expected to generate more than R230 million in land sale revenue and an additional R50 million annually in rates and service charges.
- It is projected to attract R1.5 billion in private sector investment, create around 3,500 jobs during construction and throughout the development’s lifecycle, and make better use of centrally located land near public transport.
- The project also aims to improve public spaces and pedestrian access, provide residential opportunities including affordable housing, and support the continued regeneration of the Foreshore precinct.
Comments can be submitted online via email on development.woodstock@capetown.gov.za
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